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Income and Democracy: Evidence from System GMM Estimates

Title data

Heid, Benedikt ; Langer, Julian ; Larch, Mario:
Income and Democracy: Evidence from System GMM Estimates.
In: Economics Letters. Vol. 116 (2012) Issue 2 . - pp. 166-169.
ISSN 0165-1765
DOI: https://doi.org/10.1016/j.econlet.2012.02.009

Abstract in another language

Does higher income cause democracy? Accounting for the dynamic nature and high persistence of income and democracy, we find a statistically significant positive relation between income and democracy for a postwar period sample of up to 150 countries. Our results are robust across different measures of democracy and instrumentation strategies.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: Income; Democracy; Dynamic panel estimators
Subject classification: O1; C33; D72; E21
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Economics > Lehrstuhl Volkswirtschaftslehre VI: Empirische Wirtschaftsforschung
Faculties > Faculty of Law, Business and Economics > Department of Economics > Lehrstuhl Volkswirtschaftslehre VI: Empirische Wirtschaftsforschung > Lehrstuhl für Volkswirtschaftslehre VI: Empirische Wirtschaftsforschung - Univ.-Prof. Dr. Mario Larch
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Result of work at the UBT: Yes
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 14 Oct 2015 13:54
Last Modified: 14 Oct 2015 13:54
URI: https://eref.uni-bayreuth.de/id/eprint/16654